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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Sudanese advisor: The rentier economy generated a culture of ignoring other revenues, including taxe

    Rocky
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    Sudanese advisor: The rentier economy generated a culture of ignoring other revenues, including taxe Empty Sudanese advisor: The rentier economy generated a culture of ignoring other revenues, including taxe

    Post by Rocky Wed 14 Jun 2023, 2:16 pm

    Sudanese advisor: The rentier economy generated a culture of ignoring other revenues, including taxes
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    Baghdad today - Baghdad
    The financial advisor to the Prime Minister, Mazhar Muhammad Salih, called for the need to address the country's rentier economy by activating non-oil revenues.
    Saleh said, in a statement to the official agency, that: “The problems of the rentier economy in our country have generated a culture of ignoring the few or poorly collected revenues, while the public finances in the world consist of its resources from the accumulation of scattered financial grains of sand, which are collected from few but widespread tax and revenue vessels.” And at the same time achieve the objectives of the public budgets in their countries.
    And he indicated that "tax reform has also become important and inherent in providing financial discipline in Iraq and in two directions: the first: the adoption of soft flat taxes on income segments of various denominations according to easy collection methods that encourage immediate payment and enhance tax revenue in a transparent manner, and the second: the use of electronic payment and collection methods for accounting taxpayer in an easy way, provided that each taxpayer carries one tax number.
    And he stressed, “This requires cooperation with international financial institutions to choose and apply the simplest technical means and the most capable of reaching the taxable bases, which makes tax or other revenue revenues, such as fees, service wages, and others, relative to the gross domestic product, equal at least to the support rate in the federal budget.” as a financial goal that should be pursued within the government programme.
    Saleh pointed out, "Taxes and fees are broad and comprehensive, imposed fairly without burdens on the shoulders of taxpayers, and encourage them voluntarily to contribute nationally to supporting public finances in our country."
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